Note: Components may not sum to totals because of rounding.--- Not available.

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 2 Face value of the securities. 3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5 Estimated. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities.7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

2. Consolidated Statement of Condition of All Federal Reserve BanksMillions of Dollars

Assets, liabilities, and capital

Eliminationsfromconsolidation

Change Since

Wednesday Dec 3, 2003

Wednesday Nov 26, 2003

Wednesday Dec 4, 2002

Assets

Gold certificate account

11,039

0

0

Special drawing rights certificate account

2,200

0

0

Coin

744

- 33

- 284

Securities, repurchase agreements, and loans

688,766

- 9,302

+ 59,828

Securities held outright

665,242

+ 717

+ 54,356

U.S. Treasury (1)

665,232

+ 717

+ 54,356

Bills (2)

243,385

+ 132

+ 35,213

Notes and bonds, nominal (2)

406,173

0

+ 16,954

Notes and bonds, inflation-indexed (2)

13,994

+ 540

+ 1,752

Inflation compensation (3)

1,680

+ 46

+ 438

Federal agency (2)

10

0

0

Repurchase agreements (4)

23,500

- 10,000

+ 5,500

Loans

23

- 20

- 29

Items in process of collection

(1,073)

9,447

+ 2,140

- 142

Bank premises

1,606

+ 1

+ 76

Other assets (5)

37,077

+ 213

+ 1,755

Total assets

(1,073)

750,878

- 6,981

+ 61,233

Liabilities

Federal Reserve notes net of FR Bank holdings

679,352

+ 326

+ 37,024

Reverse repurchase agreements (6)

18,731

+ 776

+ 18,731

Deposits

(0)

24,433

- 8,521

+ 4,898

Depository institutions

19,660

- 7,579

+ 3,990

U.S. Treasury, general account

4,374

- 1,003

+ 870

Foreign official

116

+ 34

- 37

Other

(0)

282

+ 27

+ 75

Deferred availability cash items

(1,073)

7,863

+ 343

- 466

Other liabilities and accrued dividends (7)

2,327

- 9

- 98

Total liabilities

(1,073)

732,705

- 7,086

+ 60,087

Capital Accounts

Capital paid in

8,832

+ 4

+ 479

Surplus

8,380

0

+ 1,068

Other capital accounts

961

+ 101

- 401

Total capital

18,173

+ 105

+ 1,146

Note: Components may not sum to totals because of rounding.

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2 Face value of the securities.3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities.7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

3. Maturity Distribution of Loans and Securities, December 3, 2003Millions of dollars

Maturity

Loans

U.S. Treasury securities (1)

Federal agency securities

Repurchaseagreements(2)

Reverserepurchaseagreements(2)

Holding

Weeklychanges

Holdings

Week change

Within 15 days

0

44,439

- 5,597

10

0

19,500

18,731

16 days to 90 days

23

149,930

+ 7,311

0

0

4,000

0

91 days to 1 year

0

163,322

- 1,903

0

0

------

------

Over 1 to 5 years

------

179,073

+ 541

0

0

------

------

Over 5 to 10 years

------

51,318

+ 343

0

0

------

------

Over 10 years

------

77,151

+ 23

0

0

------

------

All

23

665,232

+ 717

10

0

23,500

18,731

Note: Components may not sum to totals because of rounding.--- Not applicable.

1 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 2 Cash value of agreements classified by remaining maturity of the agreements.

4. Statement of Condition of Each Federal Reserve Bank on December 3, 2003Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Assets

Gold certificate account

11,039

495

4,706

380

477

808

863

982

331

224

303

507

963

Special drawing rights certificate acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

744

25

32

38

32

86

87

88

52

23

44

145

93

Securities, repurchase agreements,

and loans

688,766

32,162

308,112

20,798

31,172

51,159

44,946

67,229

20,930

14,855

17,883

26,071

53,448

Securities held outright

665,242

32,162

284,612

20,798

31,172

51,159

44,941

67,223

20,929

14,849

17,878

26,071

53,448

U.S. Treasury (1)

665,232

32,161

284,608

20,798

31,171

51,158

44,940

67,222

20,929

14,849

17,878

26,070

53,448

Bills (2)

243,385

11,767

104,128

7,609

11,404

18,717

16,442

24,594

7,657

5,433

6,541

9,538

19,555

Notes and bonds(3)

421,848

20,394

180,480

13,189

19,767

32,441

28,498

42,628

13,272

9,416

11,337

16,532

33,893

Federal agency (2)

10

0

4

0

0

1

1

1

0

0

0

0

1

Repurchase agreements(4)

23,500

0

23,500

0

0

0

0

0

0

0

0

0

0

Loans

23

0

0

0

0

0

5

6

1

6

5

0

0

Items in process of collection

10,519

818

856

553

613

643

851

800

368

463

606

639

3,308

Bank premises

1,606

92

189

52

150

144

277

123

44

125

55

178

177

Other assets(5)

37,077

1,708

13,105

1,092

2,359

6,076

2,124

3,446

933

1,124

875

1,037

3,197

Interdistrict settlement account

0

+ 573

- 3,861

+ 229

- 2,552

+ 1,265

+ 1,589

- 7,303

- 1,920

- 380

- 522

+ 4,619

+ 8,263

Total Assets

751,950

35,987

324,012

23,225

32,355

60,329

50,904

65,576

20,809

16,464

19,311

33,294

69,684

Note: Components may not sum to totals because of rounding.

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2 Face value of the securities.3 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

4. Statement of Condition of Each Federal Reserve Bank on December 3, 2003Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

KansasCity

Dallas

SanFrancisco

Liabilities

Federal Reserve notes outstanding

796,773

37,337

327,739

29,095

33,181

59,568

65,854

66,910

23,165

15,626

21,517

38,535

78,246

Less: notes held by F.R. Banks

117,421

5,244

24,542

8,499

5,051

9,935

19,663

9,195

4,453

1,374

4,398

7,662

17,405

Federal Reserve notes, net

679,352

32,093

303,197

20,596

28,130

49,633

46,191

57,716

18,713

14,252

17,119

30,873

60,841

Reverse repurchase agreements (1)

18,731

906

8,014

586

878

1,440

1,265

1,893

589

418

503

734

1,505

Deposits

24,433

1,375

6,830

991

1,328

4,163

1,391

3,203

649

470

717

834

2,482

Depository institutions

19,660

1,371

2,208

989

1,326

4,039

1,389

3,199

645

469

715

833

2,478

U.S. Treasury, general account

4,374

0

4,374

0

0

0

0

0

0

0

0

0

0

Foreign official

116

2

93

1

3

7

2

3

1

1

1

1

3

Other

282

2

155

1

0

116

1

1

3

0

1

1

1

Deferred availability cash items

8,935

568

1,036

430

402

619

866

636

274

536

510

427

2,633

Other liabilities and accrued

dividends (2)

2,327

128

713

94

137

260

185

238

104

84

85

115

184

Total liabilities

733,778

35,069

319,789

22,696

30,875

56,114

49,898

63,685

20,328

15,761

18,934

32,982

67,645

Capital

Capital paid in

8,832

448

2,026

259

725

2,067

490

920

232

345

163

111

1,047

Surplus

8,380

436

1,809

233

702

2,073

475

858

199

340

201

186

868

Other capital

961

34

389

37

53

74

41

113

50

17

13

14

124

Total liabilities and capital

751,950

35,987

324,012

23,225

32,355

60,329

50,904

65,576

20,809

16,464

19,311

33,294

69,684

Note: Components may not sum to totals because of rounding.

1 Cash value of agreements, which are collateralized by U.S. Treasury securities.2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

1 Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.